After-Hours Buzz: Z, FB, THO & More

Zillow - The online real estate database said it will acquire map-based rental site HotPads for $16 million in cash. The transaction is expected to close in the fourth quarter of this year. (Click here for after-hours quote.)

Facebook - The social-networking giant continued to edge higher in extended-hours trading after soaring more than 8 percent in the regular trading session. Earlier, Bernstein upgraded the company's stock to "outperform" from "market perform" and raised its price target to $33 from $23. (Click here for after-hours quote.)

Las Vegas Sands - he developer of integrated casino resorts announced a special dividend of $2.75 a share. In addition, the company announced it will boost its existing dividend by 40 percent to $1.40 a share starting next year. Shares rallied in extended-hours trading. (Click here for after-hours quote.)

Dillard's - The department store chain declared a special dividend of $5 a share and announced a quarterly dividend of 5 cents a share. Shares climbed in extended-hours trading. (Click here for after-hours quote.)

Shanda Games - The online gaming company posted earnings of 17 cents a share on revenue of $170 million. Analysts expected the firm to report a profit of 16 cents a share on sales of $171 million. (Click here for after-hours quote.)

AvalonBay - The real estate investment trust announced a 14.5 million share offering through Goldman Sachs. The firm expects to use the net proceeds to pay back a fraction of the debt that the company will assume following its acquisition of certain assets of Archstone from Lehman Brothers. (Click here for after-hours quote.)